Sensex jumps 257 factors, Nifty ends above 14,800-mark

Extending its profitable run to the third session, fairness benchmark Sensex superior 257 factors on Friday, monitoring good points in index majors HDFC twins, ITC and Bharti Airtel amid a optimistic development in international markets.
The 30-share BSE index ended 256.71 factors or 0.52 per cent larger at 49,206.47.
Similarly, the broader NSE Nifty rose 98.35 factors or 0.67 per cent to 14,823.15.

HDFC was the highest gainer within the Sensex pack, spurting over 2 per cent, adopted by Bajaj Finserv, M&M, NTPC, Bharti Airtel, UltraTech Cement and ONGC.
On the opposite hand, Bajaj Auto, Bajaj Finance, Infosys and Kotak Bank have been amongst laggards.
“Domestic equities extended gains for third consecutive day mainly on favourable global cues and continued traction in financials (ex- PSU banks) and metals,” mentioned Binod Modi, Head Strategy at Reliance Securities.
Barring, PSU banks, most key sectoral indices traded in inexperienced. Metals shares remained in focus led by strong 4Q FY21 efficiency delivered by choose metallic corporations and improved visibility of sustainable earnings momentum in coming quarters, he mentioned.
Elsewhere in Asia, bourses in Shanghai and Hong Kong have been within the pink, whereas Tokyo and Seoul ended on a optimistic notice.

Stock exchanges in Europe have been buying and selling with good points in mid-session offers.
Meanwhile, worldwide oil benchmark Brent crude was buying and selling 0.25 per cent decrease at USD 67.92 per barrel.